Welcome to the CFPB Journal, your online publication for information about the Consumer Financial Protection Bureau.

If you work in financial services, you need CFPB Journal. Our team of seasoned reporters and editors brings you original coverage of the Bureau you won’t find anywhere else. Created by the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, the Federal Reserve-housed Bureau has unprecedented authority, jurisdiction and power. Follow CFPB developments, learn how others are complying with CFPB rules, and monitor general public reaction to the Bureau by checking in often with the CFPB Journal.

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Spotlight

CFPB issues small business data collection rule

The Consumer Financial Protection Bureau proposed a rule governing the collection of small business lending data. Under the proposal, which would implement Section 1071 of the Dodd-Frank Act, lenders would be required to report the amount and type of small business credit applied for and extended, demographic information about small business credit applicants, and key elements of the price of the credit offered.

News

California company used deceptive marketing, CFPB says

The Consumer Financial Protection Bureau filed a complaint and proposed consent order alleging that American Advisors Group used “inflated and deceptive” home estimates to get consumers into taking out reverse mortgages.

CFPB makes advisory board appointments

The Consumer Financial Protection Bureau has appointed new members to its Consumer Advisory Board, Community Bank Advisory Council, Credit Union Advisory Council and Academic Research Council.

CFPB sues software company

The Consumer Financial Protection Bureau filed a lawsuit accusing a California software company and its owner of providing assistance to illegal credit-repair businesses.

CFPB sues California loan company

The Consumer Financial Protection Bureau is suing LendUp Loans, LLC, for allegedly violating a 2016 consent order and committing deceptive acts against consumers.